Issue 1,920 – Copyright, 2024, by Wyckoff AM Trader (New Version)
FROM THE DESK OF WYCKOFF TRADER (Read the Terminology at the bottom if you need clarification on WB-isms)
– 🐂 The Bull – Represents structural resilience, bid stacking, and market strength. If liquidity holds, the bull carries the weight
– 🐻 The Bear – Symbolizes liquidity exhaustion, price vulnerability, and market weakness. If bids vanish, the bear drags the market down.
– ⚠️ JUN CNT – June contract ends 📅 6/20/2025 at 9:30 AM (you might want to get out latest Thursday unless you are a night owl.
I said Yesterday: (6/16)
I'm typing on a keyboard that's over 25 years old. My have thigs changed since the first wave. I look on the browser start page, and I see AI images, LA Riots, and Trumps disgrace. And I ask myself; "What a wonderful world?" Is there any reason for the market to go up?
I did say Friday: (6/13)
If Taco is not careful with his parade and all the going's on . . . ⚡︎ = Impact—an abrupt, destabilizing force.
– प्रहारः (Prahāraḥ) — impact, strike, blow
– एकः आकस्मिकः — a sudden, abrupt
– संतुलनभङ्गकारी — destabilizing (literally: balance-breaking)
– बलः — force, power
well that what happened at 11:11 CST Friday!
and Good morning. Today is SERIES S3H. I'm leaning bullish it's IFFY due to the WAR PORN, it's almost over. You know what shorts do?
(well I guess it's not over)
IMPRO : Wyckoff Trader : (8:21:04 PM) : let's gr er done…
I will say one about the war; The timing; If WB was alive, we'd be talking bout it now. It started around a "Full Moon."
That has a lot of meaning in that culture – a whole lot of meaning! Badr" (بدر) | Pūrṇamāsa" (पूर्णमास)
Recognize when price action shifts from reactive retail flow to institutional structuring,
Wyckoff Trader
Now let's get to the markets
Big picture perspective
⚔️ Israel-Iran conflict, 📊️ FOMC Announcement, 💣 LA Disturbance,
– Monthly: Bulls got their smile wiped clean off.
– Weekly: Lost the close from the previous week.
– Daily: Finally, Huston, we got a problem. Volume was low. Price was unable to take out the Fridays high. And price is drifting lower.
MARKET RECAP
The boys are not back in town. The 🐻 bears took the 🐂 bulls to the woodshed from Thursdays trade. We lost 66 percent of the rally. I was just surprised how they hid it in the media but you **WILL FEEL** it this *summer*. I can't blame it on the Algos, they had about 33K contract to take out from the PEON trade. Retail just did not have it in the tank without institutions (boys of summer) providing liquidity to grease the rails.
So they 👵 threw momma from the train around 12:45 pm.
I saw 21K taken on the close. And I saw about 33K taken during the CASH lows.
🕒 Spill down (9:30 to 9:57) 9:40 Seal
🕒 AM HIGH (10:00 to 10:57) 10:15 Early and weak
🕒 MID AM LOW (11:00 to 11:57) 11:30 Center time
🕒 lunch high (12:00 to 1:57) 12:40 Early and weak
🕒 mid pm low (1:00 to 2:00) 2:40 Center time
🕒 LAST HIGH (3:00 to 3:57) 3:50 Late and Strong
PROSE AND THE NUMBAHS
Good morning. Today is SERIES S4L IFFY. I'm leaning bullish it's ⚠️ IFFY due to the WAR PORN, it's almost over. You know what shorts do?
It a reactive retail trade on little to no volume. Did I get that right? Cash drives it and the Aussies drop it down. The Asians, hold the bottom and the PEONS take it to the top. This cannot continue. The sanguine nature of humanity shines in light of the "Full Moon."
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🌍 After Hours Globex: – That's the dog (CASH) but what did the tail (PEONS) do? —WB
1. Tone Last Night: (Liquidity)
🦘🦅 Auzie's (18/4) 🧽 absorbed the weight of a weak CASH session, seeing retail trade unfold throughout the day. As the Asians opened, they 🔥 took a little heat all the way down to 6018 held the bid and then waited for the Asians enter into the fray.
🏮 🐂 Asians (6/3) took the 🏀 ball and with a little help from: IMPRO : Wyckoff Trader : (8:16:46 PM) : old school but he gets it done; for the 🐂bulls in the Asian secession: https://youtu.be/n_wAl4yi8MY?si=Q0mHWrp-Ho5IYRn7 found a higher love by recovering the settle.
🏛️ 🐂 PEONS (3/11:30) grabbed the 🏀 ball and ran with it 📈 all the way back up to 6065. With a 🧖 soap drop, gave the 🏀 ball to the bears.
2. Large Size: 🏮🐟 (2 tuna) holding the 6031, 🏛️🐟 (tuna) holding the 6054, 🏛️🐟 (tuna) holding the 6063, 🏛️🐟 (tuna) holding the 6042
3. 7:00 AM / Premarket: 🏛️ 🐂 PEONS. All the heavy lifting been done overnight.
4. News: – 📰 (Housing Starts and Permits & Jobless Claims & 8:30, Atlanta Fed Business Inflation Expectations at 10:00, EIA Petroleum Status Report at 10:30, FOMC Announcement at 2:00, Fed Chair Press Conference at 2:30)
5. Cycle Bias: 🏛️ 🐂 💲 Things just got ugly, Louis. Very ugly. It's up to CASH to 🏀↓ smack it down up to 🏀↑ bid it up. Looking at the levels I see the three-day pivot at 6048/41, the weekly pivot at 6013, and daily pivot at 6048 and S1 at 6018. If buying support can get up to 18, then the 48 perhaps we can give it a go during the 🕒 2:00 pm 🐞 scared roach dance.
6. Honing (turns): Spill up, AM LOW, MID AM HIGH, lunch low, mid pm high, LAST HOUR LOW. (this may flip)
7. Previous Day's Numbers:
┌──────────────────────────── Session Summary ───────────────────────────┐
│ Weekly High 6074.00 Weekly Low 5927.50 │
│ Weekly Settle 6009.25 Final Settle 6039.75 (+36.50) │
│ Open 6065.00 Candle Body 56.00 Bearish │
│ High (10:34) 6081.25 Upper Wick 7.50 │
│ Low (09:31) 6030.25 Lower Wick 08.25 │
│ Session Range 51.25 Midpoint 6065.00 │
│ Volume 951,973 contracts Avg Range 65 pts │
└────────────────────────────────────────────────────────────────────────┘
8. Floor Trader Pivots:
🧱 Zones of Control
[🔺 Bull Zone]
R2 (6100.00)
R1 (6069.25)
[⚖️ Decision Zone]
Pivot (6049.75)
[🔻 Bear Zone]
S1 (6018.25)
S2 (5998.75)
Trader Guy, Spine Anchor (45 down to 32)
📌 Defining the Spine:
– The spine is where liquidity steps in with conviction, absorbing the selling pressure.
– It’s the range where price stabilizes, preventing further breakdown.
– It must have volume backing it up, proving institutional engagement rather than just weak flickers.
📌 Spine High & Low:
– High of the spine: 16:00 at 45, with 24,431 volume—the largest liquidity event of the day.
– Low of the spine: 14:00 at 32, with 7,117 volume—where aggressive selling met real absorption.
These prints represent the critical pivot points where liquidity locked in, keeping price from complete collapse. Everything between 32 and 45 formed the structural range, giving traders the battle zone to watch.
The clock is used to time your entries and exits. Position long at the lows, exit at the highs, get short at the highs, and buy-in at the lows. When the trend is in, WB's clock is your friend!
Your edge is a series of trades, not just one trade or one day.
Dates: 📅 June 11 Strawberry Moon 3:44 a.m. Summer Solstice (Equinox) 📅 June 20 1:41 p.m. (all times Est)
********************* Terminology *********************
"Looking good, Louis! Looking good!" – Bullish (high confidence)
"Looking good, but…" – Neutral (cautious optimism)
"Things just got ugly, Louis. Very ugly." (Black Swan)
"It's looking real bad for the bulls, Louis. Real bad." – Bearish (pessimistic)
"It's looking real bad for the bears, Louis. Real bad." – Bullish (optimistic)
🐟 (Minnows)
⏳ Lifespan: 1–2 years
💧 Liquidity Impact: Momentary—tiny, rapid entries and exits
🔄 Interpretation: Their short biological life mirrors *fleeting market presence*. They appear as *blips* on the liquidity radar—numerous but not lasting.
🐟 (Sardines)
⏳ Lifespan: 3–4 years
💧 Liquidity Impact: Mid-range, directional waves
🔄 Interpretation: Like their lifespan, they sustain presence a bit longer—*waves of flow* with follow-through. Not permanent, but *tactically significant*.
🐟 (Tuna)
⏳ Lifespan: 15–40 years
💧 Liquidity Impact: Deep, anchoring, strategic
🔄 Interpretation: Their long biological endurance maps to *long-dwelling liquidity*. When they enter, they sit, influence, and stabilize. They're duration-defined presences**, just like their species.
🧖 "Dropping the Soap"
🏀 "Running with the ball"
👵 "momma got thrown from the train!"
📈 Up Turn – Higher highs and higher lows.
📉 Down Turn – Lower highs and lower lows.
↔️ Chop Turn – Bulls and Bears equally balanced.
💥 dropped it like it was hard (no bid stacking, no liquidity, hitting the bid)
🏀↓ smack it down or 🏀↑ bid it up (indicates a potential change in trend)
🧽 adding liquidity back into the market
SERIES Day (all times EST New York City)
🕒 Spill (9:30 to 9:57)
🕒 AM (10:00 to 10:57)
🕒 MID AM (11:00 to 11:57)
🕒 lunch (12:00 to 1:57)
🕒 mid pm (1:00 to 2:00)
🕒 LAST HOUR (3:00 to 3:57)
✔️ — The day begins with confidence: breakout, momentum, the illusion of strength
📈 — The first leg surges upward—buyers pile in, the pattern forms
↘️ — The reversal: volume fades, conviction cracks, the second leg collapses
💔 — The emotional aftermath—hope turned trap, a bull’s grin turned grimace
∨ – V formation
********************* Temporal Risk (Last Hour Transition) *********************
🌍 Globex Market Liquidity 🌍
—————————————————————
| 🌏 Region | ⏳ Open | 🚪 Close | 🔄 Overlap Start |
—————————————————————
| 🦘 Aussies | 🕕 18:00 | 🌙 4:00 | 🔄 20:00 (Asians) |
—————————————————————
| 🏮 Asians | 🕗 20:00 | 🌅 6:00 | 🔄 3:00 (PEONS) |
—————————————————————
| 🏛️ PEONS | 🕒 3:00 | ☀️ 11:30 | 🔄 3:00 (Asians) |
—————————————————————
This table enhances **clarity and structure**, using **Unicode symbols** to highlight market activity across time zones.
Let me know if you need further refinements.
**Hello World—how you doing**
(Weak Cash Close) 🦘🦅 The Kangaroo Absorbs risk from the 🦅 Wounded Eagle (Weak Cash Close), sometimes catching the knife, sometimes carrying momentum forward.
(Unchanged Cash Close) 🦘🐢 The Kangaroo Inherits liquidity from the 🐢 Tortoise (Unchanged Cash Close), the Kangaroo steps into the market with momentum and uncertainty. It may catch the knife, absorbing risk, or carry liquidity forward, reinforcing structure into the next phase.
(Strong Bull Close) 🦘🐂 The Kangaroo receives liquidity from the 🐂 Bull (Strong Close), the Aussies 🦘 step into a market with reinforced bids and momentum. The transition is controlled if liquidity holds, allowing the bull to carry strength forward. If depth weakens, the bull faces resistance, but structural integrity remains intact.
(Strong Bear Close) 🦘🐻 The Kangaroo receives liquidity from the 🐻 Bear (Strong Close), the Aussies 🦘 absorb sell-side pressure, stepping into a market where bids have vanished. The transition is controlled if liquidity stabilizes, but if depth is thin, the bear drags the market down, exposing structural gaps.
The glyphs were chosen based on cultural and symbolic associations.
– 🦘 Aussies: The kangaroo—because it’s an iconic symbol of Australia, representing agility, resilience, and movement.
– 🏮 Asians: The lantern represents tradition, prosperity, and illumination, often seen in Asian festivals and markets.
– 🏛️ PEONS: The classical building symbolizes institutional strength, structure, and historical significance, aligning with the market’s role in global finance.
– 🦅 The Wounded Eagle (Weak Close). It embodies a market that was once strong, but now struggling to defend its position, leaving the Aussie's exposed to risk at the 18:00 open.
– 🐢 Tortoise (Unchanged Close) methodical liquidity flow, carrying the weight of structure into the 18:00 open.
– 🐂 Bull (Strong Close) structural resilience, bid stacking, and market strength. If liquidity holds, the bull carries the weight into the next session.
– 🐻 Bear (Strong Close) liquidity exhaustion, price vulnerability, and market weakness. If bids vanish, the bear drags the market down, exposing structural gaps.
********************* 🏦 The Game *********************
Structure exists on both sides, but time is momentum, waiting for the next liquidity event to dictate direction.
– 🐂 Bull Structure – If bids stack and liquidity reinforce, the spine holds, and the market transitions with strength.
– 🐻 Bear Structure – If offers dominate and liquidity weakens, the foundation cracks, and the market shifts into a sell-side imbalance.
**Structure Defines Strength – Market Sentiment in Bulls & Bears**
1. **Markets don’t collapse because of selling—they collapse because of structural weakness.**
– The bid lacks stacking. The order book becomes fragmented. There’s no integrity in the foundation.
– Algorithms **raid the weakness**—not because they create it, but because it already exists.
2. **A bull market is only as strong as its scaffolding.**
– If the bids stack, if the support holds, if the market **builds from real demand**, the structure remains intact.
– When hope enters—over-leverage, thin liquidity, misplaced belief—the bull **loses its shape**, and the integrity fades.
3. **Professionals don’t fall for their own hype.**
– Amateurs chase sentiment blindly. They believe their own excitement.
– Professionals know when **belief becomes baggage**, when confidence turns into distortion.
– The true expert **cuts the noise** and stays in alignment with structure—not emotional attachment.
The **bear** doesn’t kill the bull—the bull **collapses under its own hype**.
The market doesn’t fall because sellers push—it falls because there’s nothing **left to hold the bid**.
It isn’t about price—it’s about truth, structure, liquidity and time.
🦘 The Kangaroo (Beast of Burden) carries the weight of liquidity, balancing the market’s fate as it approaches the 18:00 open. Will it reinforce structure, or will the market collapse under its own weight? The first two hours (18:00–20:00) will reveal whether this transition is controlled and strategic, or a violent liquidity sweep that reshapes the session.
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